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Reach Resources Limited ( (AU:RR1) ) has provided an announcement.
Reach Resources Limited announced the issuance of unquoted equity securities, specifically options expiring on November 30, 2027, with exercise prices of $0.03 and $0.02. This issuance involves a total of 15,000,000 options, which are part of an employee incentive scheme and are not intended to be quoted on the ASX. This move could potentially enhance employee engagement and align their interests with the company’s long-term goals.
More about Reach Resources Limited
YTD Price Performance: 63.64%
Average Trading Volume: 18,137,957
Technical Sentiment Consensus Rating: Hold
Current Market Cap: A$15.74M
See more insights into RR1 stock on TipRanks’ Stock Analysis page.